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Non-Polarized Electric Capacitor Market Trends

  • Report ID: GMI7657
  • Published Date: Dec 2023
  • Report Format: PDF

Non-Polarized Electric Capacitor Market Trends

The industry is witnessing a push towards miniaturization, driven by the demand for smaller electronic devices along with the increasing prevalence of consumer electronics, including smartphones and IoT devices, has led to a growing need for non-polarized capacitors. Ongoing advancements in materials and manufacturing technologies are contributing to improved performance and efficiency in capacitors. The rise of renewable energy projects and the expanding electronic content in automobiles, particularly with the rise of electric vehicles and advanced driver-assistance systems, are influencing the demand for non-polarized capacitors. In addition, there is a focus on capacitors capable of withstanding high temperatures and frequencies, particularly in aerospace and automotive applications.
 

The swift and continuous advancement of technology is driving the evolution of innovative capacitor designs, including multilayer ceramic capacitors (MLCCs), solid-state capacitors, and polymer electrolytic capacitors. The primary focus of these advancements is to enhance performance, reliability, and energy storage capacities. In adition, the growing uptake of renewable energy sources like wind and solar power is fueling the demand for electric capacitors. Capacitors are pivotal in renewable energy systems, supporting essential functions such as power conversion, energy storage, and grid stabilization, thereby contributing positively to the growth of the market.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of non-polarized electric capacitor was exceeded USD 3.8 billion in 2023 and is poised to expand at over 4.5% CAGR from 2024 to 2032, owing to the rising demand for electronic and electrical applications.

Non-polarized electric capacitor market from the film capacitors or film dielectric capacitors segment is estimated to record 6.8% CAGR through 2032, driven by their several advantages, including higher stability, lower inductance, and cost-effectiveness.

Asia Pacific non-polarized electric capacitor industry size is projected to exhibit over 6.5% CAGR from 2024 to 2032, attributed to robust manufacturing capabilities in the consumer electronics and automotive industries.

Some major non-polarized electric capacitor firms are ABB, KEMET Corporation Murata Manufacturing Co., Ltd., Vishay Intertechnology, Inc., KYOCERA AVX Components Corporation, Panasonic Corporation, TDK Corporation, Schneider Electric, and Havells India Ltd., among others.

Non-Polarized Electric Capacitor Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 502
  • Countries covered: 20
  • Pages: 380
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